[namesbc]

It is the lack of regulation that is the problem here. The power company is incentized to make higher profits year around by not preparing for a disaster.

[nxm]

PG & E is "heavily regulated" and yet Newsome allowed them to not upgrade power lines which eventually caused massive wild fires

[dehrmann]

The fact that PG&E, in a much more regulated and liberal California, also has power problems is interesting and valid, but Newsom's only been governor since 2019 (the Camp Fire was 2018), so you can't put that much blame on him, and there are decades of blame to go around.

[kjkjadksj]

Part of the issue is that its listed on the stock market